^ This is just the pattern it is forming right now. Due to the past week or so of low volatility BTCUSD must form this pattern because it becomes overbought relatively quickly on the lower time frames. What these means is that it takes a few candles of downward consolidation before the next move up. Use the bollinger bands and it is easy to tell whether or not BTCUSD will be able to have a large upswing or not, I always know when I can look away for some hours while it consolidates.
